Solved

The Accompanying Table Shows the Output (Either Machines or Wine)that

Question 262

Multiple Choice

The accompanying table shows the output (either machines or wine) that each unit of input in France and Germany can produce. We see that A) France has an absolute advantage over Germany in producing either output. B) Germany has an absolute disadvantage in producing wine. C) Germany has no absolute advantage over France in producing either output. D) France will see no economic basis for trading with Germany. The accompanying table shows the output (either machines or wine) that each unit of input in France and Germany can produce. We see that


A) France has an absolute advantage over Germany in producing either output.
B) Germany has an absolute disadvantage in producing wine.
C) Germany has no absolute advantage over France in producing either output.
D) France will see no economic basis for trading with Germany.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q47: Nation A pays lower wages to workers

Q56: The impact of increasing, as opposed to

Q187: In the real world, specialization is rarely

Q209: In terms of absolute dollar volume, the

Q229: What is the principle of comparative advantage?

Q257: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Refer to the

Q258: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Refer to the

Q259: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Refer to the

Q260: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Refer to the

Q266: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" The accompanying tables